Israeli Extradition of Crypto Millionaire Accused of $2.9 Million Theft to US
Translated & summarized from Cursorinfo by baba
Israel extradited cryptomillionaire Alexander Gurevich to the United States on October 29, following a year and a half of legal battles. Gurevich is accused of stealing approximately $2.9 million in cryptocurrency from the Nomad Bridge platform in August 2022 and attempting to launder the funds. He was arrested in May 2025 at Ben Gurion Airport while trying to flee to Russia. If convicted, he faces up to 40 years in prison.
The story in 6 lines · by baba
- Alexander Gurevich, a cryptomillionaire, was extradited from Israel to the U.S. on October 29.
- He is accused of stealing nearly $2.9 million in cryptocurrency from the Nomad Bridge platform.
- Gurevich was arrested in May 2025 at Ben Gurion Airport while attempting to flee to Russia.
- He faces up to 40 years in prison if convicted in the U.S.
- The extradition followed 1.5 years of legal proceedings in Israel.
- Gurevich allegedly exploited a software vulnerability to steal the funds.
Israel has extradited Alexander Gurevich, a cryptomillionaire also known as Block, to the United States to face charges of stealing approximately $2.9 million in cryptocurrency and subsequent money laundering. Gurevich, 49, who had reportedly attempted to flee to Russia after the alleged crime, faces up to 40 years in prison if convicted.
According to Israeli news portal Walla, Gurevich, who repatriated to Israel about four and a half years ago and changed his surname to Block, was apprehended at Ben Gurion Airport in May 2025 as he was preparing to leave the country. His extradition to the U.S. occurred on October 29, following a year and a half of legal proceedings.
The alleged offense took place in August 2022, when Gurevich is accused of exploiting a vulnerability in the Nomad Bridge platform's software to transfer about $2.89 million in cryptocurrency to an address he controlled. He then allegedly engaged in further transactions to convert and move the digital assets, including to Bitcoin, in an attempt to conceal their origin. The broader cyberattack on Nomad Bridge resulted in the theft of approximately $190 million, though Gurevich is specifically charged with the smaller sum.
Following the transfer, Gurevich reportedly contacted company representatives under the alias Bitliq, returning about $162,000. He then offered to enter a bug bounty program, demanding $500,000 in exchange for revealing the vulnerability and promising not to take further funds. When the company rejected his terms, Gurevich disappeared with the majority of the stolen cryptocurrency.
The FBI led the investigation, with assistance from Israeli law enforcement. Charges include damaging a protected computer system, illegal interstate transport of funds, and money laundering. During extradition proceedings in Jerusalem, Judge Ohad Gordon ruled Gurevich to be an Israeli resident for extradition purposes, allowing for the possibility of serving any sentence in Israel. Gurevich, a citizen of Israel, Germany, and Russia, was born in Germany and resided in Bat Yam before his arrest. His father lives in Petah Tikva, while his wife and son are in Russia. He claimed to spend significant time abroad, living on his yacht off the coast of Africa, which he described as an office for about 100 employees.
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